Cyngn Collaborates with Qualcomm to Exhibit Industrial Autonomous Mobile Robot Technology Powered by Qualcomm Robotics RB5 Platform at Hannover Messe

ByArlen Simpelo

May 30, 2022 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

MENLO PARK, Calif.–(BUSINESS WIRE)–$CYN #amrsCyngn (or the “Company”) (NASDAQ: CYN), a developer of ground breaking autonomous driving program methods for industrial and commercial apps, now introduced its collaboration with Qualcomm Systems, Inc. to demonstrate autonomous mobile robots (AMRs) powered by the Qualcomm Robotics RB5 Platform at the Hannover Messe Expo.

Cyngn and Qualcomm Technologies will be showcasing Cyngn’s DriveMod-run Columbia Stockchaser, an industrial AMR run by the Qualcomm Robotics RB5 System. The option is an advanced computing platform which presents the superior-ability processing demanded for the next technology of AI, equipment understanding, and smart sensing industrial robots with reduced electricity use.

“The industrial AMRs that our engineering powers now procedure details and make decisions from a multitude of sensors in serious-time, and Qualcomm Technologies’ main robotics options which includes the Qualcomm Robotics RB5 System and the Qualcomm Robotics RB6 system are driving Cyngn’s state-of-the-art robotics with an outstanding AI processing-to-energy ratio. As a chief in 5G, Qualcomm Systems will aid assistance the enhancement of teleoperation, accelerated data transfer costs, and even opens novel substantial-accuracy localization options,” reported Lior Tal, Cyngn’s CEO. “We are happy to be exhibiting collectively with Qualcomm Technologies at the largest industrial technological innovation meeting in the globe – Hannover Messe.”

The Hannover Messe is just one of the world’s premier trade expositions, and is centered entirely on marketplace improvement. On typical, the Hannover Messe functions close to 6,500 exhibitors, with an common of 250,000 people. This year’s party will be held on Might 30 – June 2, 2022, at the Hanover Fairgrounds in Hanover, Germany.

Advanced processing and community speeds facilitate the growth of progressively smarter robots that are in a position to quickly negotiate important conclusions. The protection variable is paramount for industries these kinds of as producing, logistics, mining, and building who count on AMRs for the two operational efficiency and improved safety. The greater information processing and community velocity/availability also add drastically to the capabilities of the Cyngn Insight analytics system, which gathers motor vehicle information to present prospects with true-time, actionable knowledge.

“We are delighted to do the job with Cyngn to aid the proliferation of 5G AMRs that will push operational efficiencies and aid business resiliency in an increasingly electronic overall economy. Our main robotics remedies – the Qualcomm Robotics RB6 platform and the Qualcomm Robotics RB5 system – produce high quality abilities with substantial-ability, small electrical power, and slicing-edge 5G and AI abilities to gasoline the growth of smarter and safer business AMRs,” mentioned Dev Singh, senior director, business development, and head of autonomous robotics, drones and intelligent equipment at Qualcomm Systems, Inc.

About Cyngn

Cyngn is an autonomous auto technological innovation company that is focused on addressing industrial makes use of for autonomous cars. Cyngn thinks that technological innovation is needed to allow adoption of autonomous industrial autos that will address the considerable market worries that exist now. These difficulties include things like labor shortages, lagging technological improvements from incumbents, and superior upfront investment requirements. Cyngn addresses these challenges with its Company Autonomy Suite, which features DriveMod (modular industrial automobile autonomous driving software), Cyngn Perception (client-facing application suite for checking/managing AV fleets and aggregating/examining knowledge), and Cyngn Evolve (inner toolkit that enables Cyngn to leverage info from the subject for artificial intelligence, simulation, and modeling).

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Ahead-Searching Statements

This push release incorporates ahead-looking statements within the that means of the Private Securities Litigation Reform Act of 1995, Area 27A of the Securities Act of 1933, as amended, and Segment 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-seeking assertion and may be identified by the use of words and phrases such as “expects,” “anticipates,” “thinks,” “will,” “will possible result,” “will continue on,” “designs to,” “potential,” “promising,” and related expressions. These statements are based mostly on management’s existing expectations and beliefs and are issue to a range of pitfalls, uncertainties and assumptions that could induce actual effects to differ materially from these explained in the forward-wanting statements, such as the possibility things described from time to time in the Company’s studies to the SEC. No forward-seeking statement can be certain, and precise success may differ materially from those people projected. Cyngn undertakes no obligation to publicly update any forward-hunting statement, no matter whether as a outcome of new info, long run functions, or or else. Readers are cautioned that it is not possible to predict or identify all the threats, uncertainties and other factors that could have an impact on long run results.


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